Sales tax will be calculated based on the purchase price listed on the BOS.Ī Bill of Sale does not replace a title transfer. The information contained in the Bill of Sale can be compared to a vehicle history report to ensure that the vehicle history is accurate. A Bill of Sale is particularly important, should anything go wrong with the vehicle that the Seller knew about, but failed to notify the Buyer. Many states require a completed Auto Bill of Sale, also known as a DMV Bill of Sale, before you can register the vehicle or transfer a vehicle title.
#Simple bill of sale template free
Use our free on-line samples and templates that cover all necessary information to protect you in case a dispute about the transaction arises later on. It is quick and easy to create a Bill of Sale above that you can preview, print out and you can even email it back and forth. Wondering If You Need a BOS?Ī BOS is typically issued by the Seller to the Buyer, at the time of the transaction. A completed BOS proves validity of purchase, ensures that it is genuine, and that the price paid is the same as the Buyer claims. A Bill of Sale is a legally binding document of the transaction that protects both Buyer and Seller from fraud, theft and mistakes. BOS Is More Than Proof of PurchaseĪ Bill of Sale is not the same as an Invoice or a Receipt. Bills of Sale are used for transferring valued assets such as vehicles, boats, equipment, aircraft, firearms, branded animals and other personal property. We CERTIFY that to the best of our knowledge the odometer reading as stated above reflects the actual mileage of the Motor Vehicle and that the odometer of the Motor Vehicle was not altered, set back, or disconnected while in our possession, and we have no knowledge of anyone else doing so.Ī Bill of Sale (BOS) is a legal document that serves as proof of sale or transfer of ownership of personal property from one party to another. I, _ of _ (the 'Seller'), STATE AND DECLARE that the odometer of the following vehicle (the 'Motor Vehicle') reads as follows: Failure to complete or providing an inaccurate or untruthful statement may result in fines and/or imprisonment. This _ day of _, 20_ in the presence of:įederal and State Law requires that the Seller state the Mileage upon transfer of ownership. GOVERNING LAW: This Bill of Sale will be construed in accordance with and governed by the laws of the State of Alabama. INSPECTION: The Purchaser accepts the Motor Vehicle in its existing condition given that the Purchaser has either inspected the Motor Vehicle or was given the opportunity to inspect the Motor Vehicle but chose to not inspect it. LIABILITIES: The Seller does not assume, nor does the Seller authorize any other person on the behalf of the Seller to assume, any liability in connection with the sale or delivery of the Motor Vehicle. MANUFACTURER'S WARRANTY: Any disclaimer of warranties by the Seller in this Bill of Sale will not in any way affect the terms of any applicable warranties from the manufacturer of the Motor Vehicle. WORKING ORDER: Any warranty as to the condition or working order of the Motor Vehicle is expressly disclaimed by the Seller. The Seller expressly disclaims any expressed or other implied warranties. The Seller expressly disclaims any implied warranty as to fitness for a particular purpose and any implied warranty as to merchantability. 'AS IS' CONDITION: The Purchaser acknowledges that the Motor Vehicle is sold 'as is'.
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The Seller also warrants that the Seller has the full right and authority to sell and deliver the Motor Vehicle and that the Seller will defend the title of the Motor Vehicle against any and all claims and demands except the Security Interest. WARRANTIES: The Seller warrants that the Motor Vehicle is free of any liens and encumbrances except the Security Interest and that the Seller is the legal owner of the Motor Vehicle.
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